Greatland Gold Share Discussion Threads

[ntl2] 05/4/2024 10:59

The short a..es are trying to pull the share price down but to no avail. It is all about upward momentum now. I can smell the burning flesh and it is marvellous.

[ntl2] 05/4/2024 10:54

The 2024/25 ISA allowance money will pour into GGP on Monday. This share price is now going North.

[master rsi] 05/4/2024 10:42

Someone needs a good toasting
What I predic works so do NOT over toast it or it will burn and then taste bitter

6.20 v 6.40p,
Do you want more?, then KEEP Buying

[havinthelasttoast] 05/4/2024 10:38

Master ramper is in. What can go wrong.

[master rsi] 05/4/2024 10:35

6.10 v 6.20p,
Now we are motoring, that's the way, the way I like it
song ...

[havinthelasttoast] 05/4/2024 10:21

Deputy dog no wonder you invested here. Woof

[deputy303] 05/4/2024 10:00

Toasty time to close your short do you not think or are you waiting for your handler to give you the nod

[arthur75] 05/4/2024 08:42

Havvinthelasttoast , you are quite right. Hydrogen1 is very tiresome .I actually think he believes what he posts , that is terrifying. But some weak minded, like Negan ,seem to hang on his every word and that's why he is so underwater and unhinged , all for a tiny £400 investment. The share price in very early trading has risen over 6. Whoopie do , the price was 11.50 in Dec! More pain here chums I'm afraid .

[havinthelasttoast] 05/4/2024 08:24

I haven’t the energy to list every prediction you made that was wrong as you don’t have the humility to ever say you were wrong once.

It’s one of the reasons you are a brokie.

[hydrogen1] 05/4/2024 08:20

Tell me Toast - what was wrong about my prediction, when we gold was $1650 to $1700, - not that long ago - that we were in a structural gold bull market and that $2300 gold was nailed on?

Followed in reasonably quick succession by $2500 and $2800 this year?

Tell me pal what was wrong about that?

PS - 5000 to 7000 comes next year.

Always Remember: Gold is a Veblen good.

[havinthelasttoast] 05/4/2024 08:19

Shaking lol

[hydrogen1] 05/4/2024 08:10

clear to see the gold and silver dip getting bought overnight (and this am).

People obviously moving into harder assets globally. Physical and miners will hold ground.

The days of the COMEX paper smash down seem to be behind the actual physical market currently.

Toast should be getting worried.

[hazl] 05/4/2024 00:20

'
Gold price hits new record highs as the West loses price-setting powers: Frank Giustra & Pierre Lassonde on new geopolitical reality & resource nationalism

'

Interesting angle.
We live in strange and shifting times.

[master rsi] 05/4/2024 00:08

Ready for the run

[havinthelasttoast] 04/4/2024 23:13

More hydrowrong horse shyte.

Nobody asked him anything.

[hydrogen1] 04/4/2024 22:48

Kanzler Research Update:

Several people have asked me my thoughts on what is causing the latest move higher in the prices of gold and silver. I think there's several facets to this and it's certainly not as simplistic as "rate cut expectations."
While all major countries have contributed to the flood of money and debt that has been supplied globally, I think there's a dollar crisis unfolding that is driven by the fact that Treasury debt issuance and debt service costs are going parabolic. This in turn is leading to a growing loss of confidence in the dollar by many of the U.S.' trading partners. In addition, and likely in response to an expected dollar crisis, the eastern hemisphere Central Banks are accum- ulating an unprecedented quantity of physical gold on an ongoing basis.
I can't prove it but according to those who are close to the situation, the supply of gold available to deliver to the eastern buyers in London is tight. Thus, there may be a short squeeze component to the rally in gold in the physical market. In other words there's a good chance the physical market is leading the paper market by the nose right now.
In addition, the move in gold reflects a combination of factors including the fact that price inflation appears to be picking back up, the U.S. banks have big problems with bad debt and the U.S. is becoming increasingly unstable. When the current stock bubble pops it will inflict major damage on the U.S. economic and financial system.
Also consider that China is and has been accumulating a massive amount of physical gold. We can't track the true quantity because China intentionally does not report the gold that flows into the country through Beijing. It opened Beijing in 2014 for gold importation for the specific purpose of keeping the PBoC's gold "purchases discreet."

The graphic below is a screenshot from an April 21, 2014 South China Morning Post article that announced the opening of Beijing for gold importation. I've kept this report bookmarked since it was first published ten years ago. I underlined the "money-shot" by-line which discloses the PBoC's intent is to keep its gold purchases "discreet."
Many analysts tracking the quantity of gold flowing into China are not aware that unreported gold is imported through Beijing. This means that published reports of the amount of gold imported by China, particularly the World Council's numbers, are understated. Moreover, it is impossible to know the extent by which published reports are too low. Needless to say, the PBoC is accumulating considerably more gold than is widely understood.
China requires physical delivery of the gold that it buys - i.e. it is removed from London vaults and shipped to China. In effect, China may well be cleaning out the deliverable gold from London vaults, and much of that gold sitting in those vaults has been hypothecated. This means the bullion banks have to scramble to obtain bars with clear title that can be shipped to China.
This may explain why the price of gold over the last few weeks has been consistently moving higher into the London a.m. price fix when, typically, the price declines going into the fix. My theory is that this is the "scrambling" by the bullion banks to obtain bars that can be sent to China and to other eastern Central Banks who continue to accumulate gold. If my theory is correct, supply and demand in the physical market may now be dictating the price of gold rather than LBMA forwards and Comex futures.
Additionally, gold may be benefiting from the reemergence of rising price inflation. Even though the Fed has only hinted at possible rate cuts, it has unleashed liquidity into the banking system. The Monetary Base (bank reserves + currency/coin in circulation) is up 10% since March 2023. In addition the M1 and M2 money supply measures continue to persist just below their all-time highs. This continued devaluation of the dollar is manifesting as a rising gold price.
Finally, the prices of gold and silver may be benefiting from the escalating instability of the U.S. stock and credit markets. In my view, the current market is 1929, 2000 and 2008 combined. Since 2008 there's been a staggering amount of money printed and an even more staggering amount of credit issued at all levels of the system (Government, corporate, household). This flood of money and leverage has created the biggest stock bubble in U.S. history. When it pops it will devastate the U.S. economically, financially and socially. Thus, the move in gold may also be attributable to a "flight to safety" component in addition to the other factors.

[arthur75] 04/4/2024 21:58

Ntl2 'Arthur is that the best that you can do'. I've been calling it right everytime for a while now fool. So not bad I would say. How much are you underwater , is that the best you can do? Hope not, its a very poor effort!
Telbap , 'back into the 6s'eh? . You just make it up as you go along don't you.

[havinthelasttoast] 04/4/2024 21:52

Hydrowrong serious question about the water.

Why is Jimmy down at site with a bucket and spade if it’s not a problem. I heard whiskey Shaun is watching. Please confirm if it’s true ?

[havinthelasttoast] 04/4/2024 19:11

5.92

Wrong lol

[deputy303] 04/4/2024 19:10

Toasty wrong again close ya short man you are getting embarrassing

[hydrogen1] 04/4/2024 17:08

The latest approvals for the hypersaline cells is available to download now -

hxxps://geodocs.dmirs.wa.gov.au/Web/documentlist/9/EARS_regi_id/121684

It was approved on the 17th March...Hopefully they will get a contractor to get this bloody dewatering finished ASAP since the FUD sters think its such an issue...

Duh! - Which of course it isn't its a frigging total non issue as Shaun stated and they are just desperately manipulating.

ALL big holes encounter ground water, meteoric water and aquifers - it's just par for the course in deep mining.

It's what they do. Manage water.

[hydrogen1] 04/4/2024 16:54

Picked up another 350k this afternoon at 5.9

Thats around 1m to us now... most under 6p

[telbap] 04/4/2024 16:40

Blue close, back into the 6's and onto 7's tomorrow and next week. Rinse, repeat.